Thompson Inc has the following selected information available for 2011: Cost of goods manufactured $220,000 Cost of goods sold 150,000 Direct labor costs incurred 65,000 Raw material purchased 90,000 Raw material used 100,000 Beginning work in process 23000 Ending work in process 11000 Manufacturing overhead costs in 2011 amounted to:
A) $67,000.
B) $55,000.
C) $43,000.
D) $53,000.
C
You might also like to view...
The marginal economic method is a major method used to determine the size of the sales force that is based on the forecasted sales level divided by an assumed average sales per salesperson
Indicate whether the statement is true or false
Which of the following statements about Bitcoin is not true?
A. The computational power required to mine Bitcoins has increased over time. B. Bitcoins are completely secure. C. Bitcoins are illegal in some countries. D. In 2018, Bitcoin represented just under 40% of the full market for cryptocurrencies.
Databases are sometimes packaged together and are referred to as:
A) database packages B) databanks or aggregators C) aggregators or packaged services D) deals E) none of the above; databases are not packaged together
Define and examine the three types of support for creativity in organizations.
What will be an ideal response?